Estee Lauder's Huge China Problem and Whether Its Pivot Makes It a Buy Right Now

By Jason Hall and Tyler Crowe – Nov 11, 2023 at 5:02AM

NYSE: EL

Estée Lauder Companies

Market Cap

$53B

Today's Change

(1.70%) $2.46

Current Price

$147.45

Price as of April 26, 2024, 4:00 p.m. ET

A focus on its best, most profitable markets makes sense. But does the stock price leave much room for investors to profit?

Luxury fragrance and skin care house of brands Estee Lauder (EL 1.70%) is dealing with a weak Chinese and international travel market that's crushed its profits. In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down management's smart plan to focus on its best markets for now and whether that makes the stock a buy.

*Stock prices used were from the morning of Nov. 7, 2023. The video was published on Nov. 10, 2023.

Jason Hall has no position in any of the stocks mentioned. Tyler Crowe has positions in Estée Lauder Companies. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.